Paysend, the global fintech growing the world’s largest digital payment network, is joining forces with Tink, A Visa Solution, to enhance its open banking capabilities.
By integrating Tink’s market-leading solutions, Paysend plans to improve coverage, speed and payment quality for customers in key markets.
Leveraging Tink’s secure open banking technology, Paysend customers in selected regions can now authenticate and fund transfers directly through their bank without manually entering details or facing multiple security steps. The result is a smooth, fast and secure payment experience.
Ian Morrin, head of payments at Tink, said: “We’re excited to partner with Paysend to bring secure open banking payments to more customers. Open banking is transforming how people manage their money, and this partnership ensures Paysend customers benefit from a more intuitive payment experience.”
The partnership with Tink provides Paysend with enhanced open banking payment performance and expands its open banking capabilities into new markets. This means more customers can fund their international transfers with minimal friction, greater security and improved speed.
By leveraging Tink’s extensive network of bank connections, Paysend users benefit from:
Wider coverage – More banks and financial institutions are now supported
Quicker transactions – Authenticate banks and fund transfers without manual entry
Enhanced security – Direct bank authentication reduces errors and fraud risk
A seamless experience – Fund transfers with fewer steps direct from a smartphone
“At Paysend, we’re constantly innovating to make cross-border money movement as simple as possible,” added James Cresswell, global head of network and partnerships at Paysend. “Integrating with Tink expands our open banking capabilities, ensuring our customers can fund their transfers instantly with ease and confidence.”
Using open banking technology from Tink, Paysend is helping users fund transactions more easily and securely, making international money transfers more accessible, efficient and hassle-free.
The post Paysend Partners With Tink to Enhance Open Banking Capabilities appeared first on The Fintech Times.
